The hosted domains feature of a web hosting account indicates the number of registered domain names that you can add in the same account. Registering a domain address and hosting it are two completely different services although some people consider them to be the exact same thing. While the registration signifies that you become the owner of a certain domain name, the hosting element is what in fact enables you to have a website considering that this is where your files and e-mails will be. Because these are two independent services, you'll be able to register a new domain name with one company and host it with another by modifying its name servers (DNS) - the domain address will work in the exact same way just as if it was registered and hosted with the exact same company. It's also extremely important to know that changing the hosting means pointing the domain to a different company and not transferring it.